What's New in Payments

MasterCard extends tokenization platform to clothing, accessories and wearable devices

Adam Shelman

MasterCard has extended the capabilities of its tokenization service to enable payments to be made using “virtually any device”, including NFC-enabled clothing, jewellery and vehicle keyfobs. “Products will begin rolling out in 2016 in the US,” the payments network says, “with plans to expand to other markets.” More


NFC World

NFC gnomes store messages for lovers

Gnoments

Startup Gnoments has developed gnome soft toys that come equipped with NFC chips to allow consumers to add links to sound recordings, videos and photos that can be accessed with a tap of a loved one’s NFC device... More










NFC World

Samsung’s NFC smart suit to hit IFA 2015 catwalk

Samsung C&T Fashion Group Smart Suit

Samsung’s fashion division is to showcase a smart suit equipped with an NFC chip in its sleeve at IFA 2015 in Berlin, Germany. The item from Samsung C&T Fashion Group will be one of four on show over the next week as the company unveils its platform brand for wearables which aims to integrate fashion design and technology. More



NFC World

NFC chip market to rise 50.6%

The global NFC chip market will grow at a compound annual growth rate (CAGR) of 50.6% by volume over the period 2014-2019, analysts from market research firm Technavio predict in the company’s ‘Global NFC Chips Market 2015-2019’ report... More